News
The latest news, updates and analysis on the the UK retail industry. Covering every segment of the market, Retail Sector’s business journalists keep you in the picture.
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Dec- 2023 -12 December
Today’s news in brief-12/12/23
Fast-fashion giant Shein is reportedly exploring the possibility of an initial public offering (IPO) on the London Stock Exchange. Chairman…
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12 December
Waitrose to expand exports amid 14% sales surge
Waitrose has announced that it is set to expand its exports business after it saw its export sales jump 14%…
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12 December
Total till sales slow as shoppers save to spend £5bn on Xmas week
Total Till sales at UK supermarkets slowed +6.8% in the last four weeks ending 2 December 2023, according to new…
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12 December
Shein mulls London IPO
Fast-fashion giant Shein is reportedly considering plans for a London Stock Exchange flotation, Sky News has reported. According to Sky,…
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12 December
Pepco Group revenues rise 17.7% to €5.6bn in FY23
Poundland owner Pepco Group has reported a 17.7% increase in revenues to €5.6bn (£4.8bn) for the 12 months ended on…
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11 December
Today’s news in brief-11/12/23
November proved to be a challenging month for UK retailers, with Black Friday discounts failing to uplift sales, according to…
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11 December
Tissot opens flagship boutique in Covent Garden
Tissot, the Swiss watch brand owned by the Swatch Group, has opened its debut flagship boutique in Covent Garden, representing…
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11 December
John Lewis non-exec director steps down
John Lewis non-executive director Nicky Dulieu has stepped down from her role after seven months with the partnership. According to…
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11 December
Matalan adds 10 new third-party brands
Matalan has announced the addition of 10 new third-party brands launching exclusively online. The new brands are Quiz, Pink Vanilla,…
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11 December
Black Friday fails to rally shoppers during ‘bleak’ November, BDO finds
Significant discounts in the run up to Black Friday failed to rally UK shoppers, resulting in “another disappointing month” for…
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